Vevendi, the majority stakeholder of Activision Blizzard, has began “testing the appetite of possible bidders.” Vivendi has a 60 percent stake in the biggest video game publisher, Activision Blizzard. Interestingly, Microsoft’s name has come up in the list of potential new suitors
“Although a formal process has not started, bankers close to Vivendi are sounding out cash-rich trade players, including China’s Tencent and U.S. duo Time Warner and Microsoft, as well as private-equity heavyweights KKR, Providence and Blackstone,” Reuters‘ sources claim.
The French conglomerate’s stake in Activision has an estimated price of 10 billion dollars.